No, the oil going
to the cooler goes in the bottom. A LOT of guys mistakenly put it in the top, but you need the "reservoir" effect to more effective cool the oil and stop aeration. You should be using a tranny cooler with an AOD, anyway. Otherwise you'll be rebuilding in short time. Listen to the voice of experience. Good luck.
------------------
Capri306, Moderator, The Mustang Works Online
1979 Mercury Capri, 5.0L -- C4 -- 2.73
1987 Mustang LX Notch